Your money's safe in the bank, for now.
That's the opinion of a world banking expert following a credit rating downgrade of New Zealand's leading four banks.
Ratings agency Moody's has reduced the long-term debt rating from double A2 to double A3 for the ANZ, Westpac, BNZ and ASB.
PriceWaterhousecoopers partner Paul Skillender says it will have a minimal impact on lending, but any further downgrades could come at a cost.
Moody's overall outlook for the country's banks remains stable.
RadioLIVE